Electric bus manufacturer BasiGo has signed a groundbreaking deal with Kenya Vehicle Manufacturers (KVM) in Thika to begin local assembly of King Long electric buses, marking a pivotal moment in Kenya’s transition to sustainable public transport. The partnership represents far more than a manufacturing agreement – it signals Kenya’s emergence as a regional leader in […]

The Kenya National Chamber of Commerce and Industry (KNCCI) has signed a landmark Memorandum of Understanding (MoU) with the South Carolina African American Chamber of Commerce (SCAACC), establishing a strategic partnership to expand trade, investment, and economic cooperation between Kenya and the United States. This groundbreaking agreement represents a significant milestone in Kenya-US business relations […]

African farmers and agribusiness entrepreneurs are poised to benefit from a transformative $250 million (Sh37 billion) investment initiative that promises to reshape the continent’s agricultural value chains. The Global Supply Chain Support Fund, backed by German development lender KfW and Japan’s JICA, is targeting strategic investments across three key regions: East Africa, West Africa, and […]

The Kenyan government has signed a US$ 150 million (KSh 16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$ 1.35 billion (KSh 175bn) programme to clear unpaid road construction bills and revive stalled projects, marking one of the country’s boldest experiments with securitization and setting a potential model […]